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Crypto anon Loomdart makes the case for FTX 2.0 to go ahead

Crypto anon Loomdart makes the case for FTX 2.0 to go ahead

FromThe Scoop


Crypto anon Loomdart makes the case for FTX 2.0 to go ahead

FromThe Scoop

ratings:
Length:
27 minutes
Released:
May 15, 2023
Format:
Podcast episode

Description

Loomdart, a veteran member of the crypto community and the co-founder of eGirl Capital, is advocating for an FTX reboot.
In this episode, Loomdart explains why 'FTX 2.0' could represent an opportunity for over a million FTX creditors to be made whole in a unique way.
As Loomdart explains,
"My quickest pitch for FTX 2.0 is you effectively get to 'airdrop' an exchange to over a million people who have a big vested interest in using this exchange."Last month, a potential reboot plan for FTX reportedly caught the attention of venture capital firm Tribe Capital.
During this episode, Chaparro and Loomdart also discuss:

The 'institutionalization' of $PEPE

Making sense of memecoin mania

Alameda's billion-dollar tax bill


This episode is brought to you by our sponsor CleanSpark.
About CleanSpark
CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.
Released:
May 15, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Director of News Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.